As consumers of anything, we’re always looking for deals. Tallahassee area home buyers aren’t any different. Whether you are purchasing a home in Tallahassee, Crawfordville, Havana or Midway you are looking for three things: 1) quality, 2) great locations, and 3) the best “bang for our bucks”. Statistics show that foreclosed property sales in the Tallahassee area are up from the previous year by 29.3% as of March 2013. In addition, the average sales price in the Tallahassee area is down to $180,990. A whopping 458 homes were added to the Tallahassee area market in March 2013, bringing our market supply of homes to 9.5 months. What does all of this mean for Tallahassee area homebuyers? Quite simply put, the Tallahassee area is in a buyer’s market. The fact that interest rates are hovering below 4%, coupled with low and steady declining prices in some areas, puts Tallahassee area buyers in a WIN-WIN position. Now, these facts should not be a deterrent for Tallahassee, Crawfordville, Havana or Midway home sellers, because sales are up by 28.4%. If you’re looking for a home in the Tallahassee area, make Cobb Realty your Tallahassee real estate brokerage of choice TODAY! If you’re considering an upgrade to a larger home or simply want to sell a property in Tallahassee, Crawfordville, Havana or Midway, contact us TODAY to receive a Comparative Market Analysis (CMA) and marketing plan.
Monthly-Distressed-Market-Summary
Monthly Market Summary
